$1,450,000

742 7th Ave N Saint Petersburg, FL 33701

$10,000
Closing credit¹
0 beds
3,515 sqft
0.2 acres
$413 / sqft
Multi-Family

Property details

About 742 7th Ave N

Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership. The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles. Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal. With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods. Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!

Highlights

Home typeMulti Family
HeatingCentral, Other
StatusActive
CoolingDuctless
Size3,515 sqft
Lot size0.18 Acres
Year built1915
MLS #TB8330842

Virtual tour

Summary

  • Interior: Ceiling Fans(s), Other
  • Private Pool: No
  • Exterior: Balcony, Other
  • Heating: Central, Other
  • Cooling: Ductless
  • List Price: $1,450,000
  • Price/SqFt: $412
  • HOA Amount: $0
  • Annual Tax Amount: $9,233
  • Tax Year: 2023
  • Directions: 4th St N. east on 7th Ave n to address
  • Year Built: 1915
  • Living Area: 3,515 SqFt
  • Lot Size: 0.18 Acres
  • MLS Number: TB8330842
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (727) 360-6927
  • Listing Agent: Estelia Will Mesimer

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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742 7th Ave N, Saint Petersburg, FL 33701 - multi unit property featuring a shingled roof and covered porch

$1,450,000

742 7th Ave N

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 21, 2023
Home Sold
$1,230,000
Aug 18, 2004
Home Sold
$236,500
Jun 11, 2003
Home Sold
$164,900
Apr 04, 2002
Home Sold
$375,000

Tax history

YearAssessmentProperty Tax
2023$630,000$9,233
2022$567,000$8,427
2021$385,300$8,427
2020$325,804$7,229

History based on county public records data.

Nearby schools

4

Woodlawn Elementary

Public District PK-5

1.0 mi

1600 16th St N

6

Campbell Park Elementary

Public District PK-5

1.1 mi

1051 7th Ave S

5

Melrose Elementary

Public Magnet PK-5

1.7 mi

1752 13th Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,333. The majority of Saint Petersburg, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

78%
Single, No Kids
9%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
48%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 742 7th Ave N

The listing price of 742 7th Ave N property is $1,450,000.

The property 742 7th Ave N is a multi located in Saint Petersburg, Florida, 33701.

Active Listing: 742 7th Ave N is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 742 7th Ave N are: Woodlawn Elementary (GreatSchools Rating 4/10), Campbell Park Elementary (GreatSchools Rating 6/10), Melrose Elementary (GreatSchools Rating 5/10), John Hopkins Middle School (GreatSchools Rating 4/10), James B. Sanderlin K-8 (GreatSchools Rating 7/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Pinellas Mycroschool of Integrated Academics and Technologie (GreatSchools Rating 1/10), St. Petersburg High School (GreatSchools Rating 5/10), Gibbs High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $9,233 (source: MLS/based on county public records data).

The last sale was on July 21, 2023 for $1,230,000 (source: MLS/tax record).

The property 742 7th Ave N is 3,515 SqFt (source: MLS/tax record).

The year of construction for 742 7th Ave N is 1915.

This home is located at 742 7th Ave N in Saint Petersburg, FL and zip code 33701 in the Historic Uptown neighborhood. This 3,515 square foot home, which was built in 1915, sits on a 0.18 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $1,450,000.

While more than 44 listings in Saint Petersburg, FL in May 2025 were sold above asking price, there were more than 76 listings sold at asking price, and more than 297 were sold below. In May 2025 in Saint Petersburg, FL there were 3.1% more homes for sale than in April. The median list price of listings available in May 2025 was $428,719, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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